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Read the source given below and answer the question that follow: Production across countries. Until the middle of the twentieth century, production was largely organised within countries. - Social Science

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Question

Read the source given below and answer the question that follow:

Production across countries.

Until the middle of the twentieth century, production was largely organised within countries. What crossed the boundaries of these countries were raw material, food stuff and finished products. Colonies such as India exported raw materials and foods stuff and imported finished goods. Trade was the main channel connecting distant countries. This was before large companies called multinational corporations (MNCs) emerged on the scene.

How are MNCs major force in connecting the countries of the world?

Very Short Answer
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Solution

This happens when the MNCs interact with local producers in various countries and spread their production which results in connecting widely dispersed locations or countries.

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2019-2020 (March) Delhi set 1
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